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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (34405)11/25/1998 1:41:00 AM
From: Vitas  Read Replies (1) | Respond to of 94695
 
David: think of what will be, instead of what can't be.

Vitas



To: Bull RidaH who wrote (34405)11/25/1998 8:49:00 PM
From: Investor2  Respond to of 94695
 
RE: "If '29-'42 wave 2 took 13 years, and '66-'82 wave 4 took 16 years, and what's coming is one degree larger than both of those corrections, imagine the magnitude and duration of it."

If "what's coming" is significantly more severe than '29 and '73, then we will probably have much more to worry about than what the stock market is doing. In fact, if "what's coming" is an order of magnitude more severe than '29, the stock market as we know it may not even exist.

Re: "If you knew the general markets would never make another new high from the moment this wave 5 of 5 of 5 completes, what strategy would you use to attempt to reap the greatest rewards from that knowledge?"

If I "knew" that the crash would be significantly more severe than '29, I would probably start stocking up on canned food and bottled water. Food and water would probably be the most valuable thing around.

Best wishes,

I2